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Home My WebLink About2114 • ' ~ ` ~ t . . j ~ (%t~ PROVIDED, ALWAYS, that it the Mortgagor shall pay unto the Mortgagee the indebtedness evidenced by a certain promissory note of which the following in words and figures is a true copy tawit: _ . - . - . ~ _ _ - - - - ~ , . _ . . t'.. _'i+i•... L. _ t)~' l ..t~t_:~-._~ . i•~ / ~ i u, ; , ~ , . . . t ; ; . _ _ . _ ~ - - , ~ , ~ , . , _ .~...•i.~ _ .i`~_ ~{~.._.~'.~:~4 _ ..~.,\~~~e , l. ~1~.~_t1.~~~.u: . ~ . .,.lr~ . ~ i : r . . t: :n ri. ~ - ~ r ,t. 4 . . , _ -t .:~i:~l ~~u.:e.ntv. F,.~ti~ ~,r~:n : :1 er~d ~r.t~ r• ,i i: , in i.,„ j ;~•ui„ ; . . . . 1' i` , ' i ,..t: . . . , : _ . i nc ~t{.:i : ~.;i~, ~u ~t auch ,.t~lrt ~,izrc lhr 1u~'r~'r=, j ' . . ~ , , . . „ . „ . hrrru. t;. c:, ~n ~.r!t~~.F ' ~~.irr.. ~~i~~ . e.a i. ~ ~ _ ! " _ . t _ . t~~' j 1`•_ ..l :\i~;~ i`i'~ I'.:i~'.~ I il f~l:~ L11I1 . i' i.'?(' ~ . L?t ::;i', ~~i ~ • ` ~ t~ ,:~:~ii ~'~?!li _!il'..1~':~ i)I? 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' r and shall perform, comply with and abide by each and every the stipulations, agreements, conditions and covenants of said promissory note and of this deed, then this deed and the estate thereby created shall cease and be nuU and void. 1. The Mortgagor hereby covenants and agrees: Isl To pay all and singuLr the principal and interest and other sums of moneq payable by virtue of said promissory note and thu deed, or eittwr, prompdy on the days respectively ehe same severally beoomes due. I b1 To permit, commit or suffer no waate end to maintain che improvemenu at all time~ in a state of good rep~ir end con~ition, aad w do or permit to be done w said premieee nothing that will aher or change the use and character ot seid property or in any way impair or weahen the ~ecurity of this ~ mortgage. And in uee of the refusal, negkct or inability of Che ~lortgagor ta repai and meintain said property, tt?e Mortgagee may, at his option, make E such repairs or taux~ the same to be made, and advance moneys in that behalf. icl To pay all and singular the taxes, assessments, Ievies, liabiliUes, sad obligations of e~~erp nature on said deacribed property each and every whPn due ; and payable according to law, before they become delinquent, and to deliver to the 6lortgagee on or before ~tarch 13th o[ ~ch year tu receipts ~ evidencing the paymeat ot ell Iaw~fiilly impo~ed ta:ea for the preoeding calendar yeer: to idemnify the 1?tortgagee upon }us demand tor all tazes, asse~+ ~ menta snd charges thet mav be assesaed upon this mortgage on tM indebtedaess secured hereby. and paid by the morgagee. ~vitMut regard w any lew ~ heretofore enacted or haeaher to be enacted imposing payment of the whole or any part thereo( upon the ~lortgsgee_ s ~3 1d1 To pey ell and singuLr the costa, charges and e:pense+, including Lwyers' fees and abstract oosta reasooaWy in~vrred w paid at any time by the e `fortgagee betaux ot the failure on the part of the htortgagr,r to pertorm, rnmply with and ahide by esch end evay the stipulations, a~nents. ~ conditioos and oovenanu of aaid promisscry nae and t6is deed. or either, and e~-ery such psyment s6a11 bear interait from date at the rate of ten I 10~F,1 pv centum per annum. ~ - ~ lel IL i~ further covemnced and agreed by seid perties thst in the e~•ent of a suit being instituted to foreclosE thu mortgege, the Mortgagee shall be ~ ~ entitled to spply at any time pending such toreclosure suit w the oourt having jurisdiction thereo( for the appoin~m~t of s receiver of all snd singular the ~~B~B'~ P~Y. snd of all raits. inoomes. Profits. issues and revenues th~ed. from whatsoever souroe detived: and thereupon it is hereby ~preasly c ~ covenanted and agreed that the Court shall torthwith appoint such receiver with the usual powrera and duties ot reoeivers in lilce and said appoint- menc ahsll be made by the court as a mauer of sirict right to the Mortgagee, and ~vithout reference to the adeqwcy or inadequacy of t6e vdue ot the pro- ~ perty hereby mortgaged. or to t6e aolvency or insolvency of t!?e :~tortgsgors or sny otl~er party defendu?t to auch auit. 'fdo Mortgagor 6eieby apecif- ~ iaUy waives the right to object to the appointment of e reoe~ver as aforeseid and hereby e:pcessly oonsa?ts that such appaintment sl~ll be m~de aa an - sdmiued equity and as a matter of ~baolute right W the Mortgsgce end that the ~ame msy be doce ~vithout notice w the Mortgagrx. ~ Ifl It foreck~sure proceedings should be instituted against the property covered by thie mortgage upon any other lien or cltim wfiethes alleged W be ~ superior or junior to the lien of this mortgage. the ~tortgagee may at his option immediately upon institution of suc6 auit or during the pendaicy thereof declare this mortgage and the indebtednes~ secvred hereby due and payable forchwith and mey at ita option proceed to fereclose this mortg~ge. i _ 1 g 1 That the ~lortgagor vrill keep all real ~nd penonal property no~v or haeaker e~umbered by the lien of this mortgage in~ured as msy be required trom , time to time by the Mortgagee against loss by fire, windatorm and other hszud+, casualtiee and cootingencies far auch periods and for aot les~ than ~ wch amounts as may be required by the Alortgagee arid to psy prompdy when due ail premiums for such insurance. The amounta of inaurance required ~ bv the ~torgagee shaH be the minimum amounts for which seid ~rourance shall be written and it shell be incumbent upon t6e Mortgagt?r to maiat~in such , additional in~uraree ae may be neoeswy to meet and corapty fiilly with all co-insurance requ'uanent~ aontaind in said pdicies W the eod tA~t t}x said • ~ Mort is uot a eo-iruuror t6ereunder. Insursnce stull be writta~ by e com or oom e roved or ted b the Mort u~d dl ~ BeBa P~Y P~s PP ~ Y 8~8~ P~' cies aad renewaLa thereof sFiall be held by the Nortgagee. AU detailed designatioos by the Mortgagor wEich are accepted by the Morig~gee and ~11 agre~ ` ments between ~tortgegor and lfortgagee releting to imurance. r.ow e:isting or hereaher made. ehap be in writing ~?d ehall be a p~rt ot thia iaortgage 1 agreemeni se fully as though x~ (orth verbatim herein and shall g~ovem both parties hereto and their suoceseors and as~igns. No li~ upon any of said ~ policies of insurance o~ upon any refund or return premium which emy be pnyable on the unceUation ~ tvmioation theroof, shsll be given to other ttuu the ~tortgagee, ezcept by ptoper endorsement affi=ed W suEh polity and approved by yiotigsgeie. Eath policy of insur~noe ahall have ~f5zed LhereW ~ ~ Standard \e~v York 1lortgagee Clause writhout Contribution, making ell loos or losse~ under wch poGty payabb to the Mortgagee ~s ib intereet may ~P pesr. In the evenc ~ny sum or ~um~ of mooey become pay abk tbereunder the ~tortgagee shall have the option to reoeive ~nd ap~y the same oo ~toount of the irdebtedness he~rby aecvred, or to pemut the Nortgagor to receive and uee it, ot eny part thereof, without thereby waiving or impaiting any equi- ti, lien, or ri~t under and by ~irtue ot this mortgage. In event of loes or pi?y~ical da~suge to the mortgaged propKty ths Mortg~g~or shall ~ve immsdi~te • ~ ~ ~OOic PACf ~1~0 _ ~ = . ~ - _ . -